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/biz/ - Business & Finance


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11630324 No.11630324 [Reply] [Original]

What do non-government leeches of /Biz/ do to generate passive income and live the comfy life?

>> No.11630378

bump

>> No.11630381

amb and link nodes

>> No.11630443

>>11630381
I forgot to mention that meme money is not a valid answer

>> No.11630498

Cbd mlm

calmcbd.myctfocbd.com

Boomers love it

>> No.11630502

Cbd oil^

>> No.11630510

>>11630324
>Start forex brokerage company
>Start shitcoin cryptocurrency exchange much like Cryptopia
>Sell viagra and modafinil online
>Run movie/anime/serials streaming website with ads

>> No.11630604

All in on dividend stocks and REITs

>> No.11630653

Rental income is best income

>> No.11630687
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11630687

>>11630324
>mfw I am becoming a real estate agent and I must now become (in public) the opposite of the spastic that I truly am.

>> No.11630693
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11630693

>>11630653

This. I have 8 apartments, i live in one and rent the other 7 out for over $8k/month. Expenses related to the buildings are about $4k/month. So i clear $4k and live for free.

>> No.11630702
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11630702

>>11630687
Sorry, forgot to mention that I am doing this as a gateway to real estate investing, which is more relevant to the thread topic.

>> No.11630706

>>11630693
shhhh

>> No.11630743

>>11630687
Don't do it.

>> No.11630775
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11630775

>>11630743
I am doing it. There is no going back now. Seriously, the number one thing everyone told me is that you literally just have to not listen to anyone nay-saying and just power through the first couple years of being shitty. And I am rolling into investing asap anyways. I just want to see the process a bunch of times so I will be more confident on the investing side. I have a comfy living arrangement and crypto fortunes to survive off of until I start making commission money. But yeah, I am for better or worse, totally comitted to trying it out at least for a few years and then re-evaluate. It's a risk, but I am not going to be another casualty of wage-slaves and anonymous internet people nay-saying me prematurely.

If you have advice though or something constructive to say, I am listening.

>> No.11630784

>>11630510
>>Run movie/anime/serials streaming website with ads
How to not get taken down or taken to court?

>> No.11630792

>>11630693
How much to get started doing this?

>> No.11630900

>>11630792

My first duplex i bought almost entirely with borrowed money. I borrowed half from bank, half on a loan from the seller, ended up having to spend about $10k out of pocket to cover some closing costs and materials to fix up some stuff. Started in 2015.

>> No.11630901

>>11630900
How much did you have for a down payment though?

>> No.11631003

>>11630693
> Just buy 8 apartments bro.

>> No.11631021

>>11630901

Zero, i financed the entire purchase price.

>> No.11631030

>>11630324
I'm running a Tezos node for passive income. Earning approx 11% per annum atm. feels so fuccing good man

>> No.11631037

>>11631003

>just hike 8 miles bro
>just read 8 books bro
>just make $8 grand bro
>just fuck 8 hoes bro

I didnt start with 8. But keep telling yourselfmit isnt possible, i like not having much competition.

>> No.11631041

>>11631021
Damn didn’t know that was possible. Any other advice? I’m not even sure what to ask but I want to know more if possible.

>> No.11631575

>>11631030
how much do you earn from this?

>> No.11631591

>>11630775
How is it a risk. You say you are already comfortable.

It would be a risk for someone who needs to make money month to month.

>> No.11632135
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11632135

dropshipping, web development, affiliate marketing, stock day trading, copywriting, niche business, e-book publishing, clickbait youtube videos, udemy courses(any platform), consulting, renting out equipment... so many outlets for making money, making a cryptocurrency, flipping,online businesses
anyone feel free to add on this list

>> No.11632236
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11632236

>>11630653
>>11630693
based
plan on doing this in a couple years with a townhouse I have payed off
guaranteed 2k a month, gonna put half of it into another condo or townhouse
these things are fucking incredible, its either boomers who are sitting on a mountain of wealth and too lazy to move out or stupid freshly married zoomers who are ok getting screwed sideways falling for the "muh starter home" meme

>> No.11632304

>>11630324
ADA PoS

>> No.11633125

>>11630687
>real estate agent
What's passive about that? It's a full activity business. Or do you know something I don't?

>> No.11633644

>>11630653
I've been tempted to go this route but am worried about problem tenants. Doesn't the majority of your rental income go toward the mortgage?

>> No.11633791

I buy brand name items from stores that are closing down, flip that on eBay. Small non perishable non fashion works best.

>> No.11633804

>>11632135
None of those are passive income, retard.

>> No.11634317

>>11631030
what's tezos? asking for a friend